Viewing a response to: @machnbirdsparo/re-karamyog-what-s-up-with-bitcoin-it-just-broke-61-8-fib-level-with-almost-no-resistence-20180730t071927339z
I've stopped keeping track of its adoption. I doubt that it's become a formidable force, after all for that to happen, bitcoin needs to first see more adoption. But its good, may be by the time bitcoin becomes more mainstream, LN apps will come that are simply install and use, or cards backed by LN payments.
| author | karamyog |
|---|---|
| permlink | re-machnbirdsparo-re-karamyog-what-s-up-with-bitcoin-it-just-broke-61-8-fib-level-with-almost-no-resistence-20180730t081409603z |
| category | bitcoin |
| json_metadata | {"tags":["bitcoin"],"app":"steemit/0.1"} |
| created | 2018-07-30 08:14:09 |
| last_update | 2018-07-30 08:14:09 |
| depth | 2 |
| children | 4 |
| last_payout | 2018-08-06 08:14:09 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 314 |
| author_reputation | 179,145,474,344,534 |
| root_title | "What's up with bitcoin? It just broke 61.8% fib level with almost no resistence." |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 66,484,909 |
| net_rshares | 0 |
Thanks for the reply. Disregard or take lightly as I ramble on below :) I tend to think that non-pump pricing comes from tech upgrades. My reasoning is that the conventional investment community is a lot of rank and file. So following recognition of mainstream media, if its not new tech, then their is unconventional dealings or restructuring. Of course the regulation you mention is a main mover, but here again, I believe regulation to come down to "figure head" power structures. Ergo, at this point, the last variable I see is public response to mass media dissemination, which Bitcoin has already achieved. The only other thing I see are institution risk takers by non major powers (i.e. Korea).
| author | machnbirdsparo |
|---|---|
| permlink | re-karamyog-re-machnbirdsparo-re-karamyog-what-s-up-with-bitcoin-it-just-broke-61-8-fib-level-with-almost-no-resistence-20180730t170644109z |
| category | bitcoin |
| json_metadata | {"tags":["bitcoin"],"app":"steemit/0.1"} |
| created | 2018-07-30 17:06:42 |
| last_update | 2018-07-30 17:06:42 |
| depth | 3 |
| children | 3 |
| last_payout | 2018-08-06 17:06:42 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 704 |
| author_reputation | 40,531,821,560,157 |
| root_title | "What's up with bitcoin? It just broke 61.8% fib level with almost no resistence." |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 66,538,719 |
| net_rshares | 0 |
Why will i disregard? Opinions are welcome, may be i learn something. I agree with you mostly. I think pump pricing will vanish when a larger and diverse pool of investors invest in crypto markets. For that regulation is necessary. But for these guys to not dump massively, tech upgrade is necessary, that would eventually lead to retail adoption. I am not sure of this, but for retail adoption, is LN backed remittance better or litecoin backed remittance or any other token/currency? Large number of people using bitcoin as a store of wealth is a post vol idea. I see things more from a financial viewpoint. Also, your response became a little complicated for me to comprehend i think.
| author | karamyog |
|---|---|
| permlink | re-machnbirdsparo-re-karamyog-re-machnbirdsparo-re-karamyog-what-s-up-with-bitcoin-it-just-broke-61-8-fib-level-with-almost-no-resistence-20180730t211250181z |
| category | bitcoin |
| json_metadata | {"tags":["bitcoin"],"app":"steemit/0.1"} |
| created | 2018-07-30 21:12:51 |
| last_update | 2018-07-30 21:12:51 |
| depth | 4 |
| children | 2 |
| last_payout | 2018-08-06 21:12:51 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.024 HBD |
| curator_payout_value | 0.001 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 692 |
| author_reputation | 179,145,474,344,534 |
| root_title | "What's up with bitcoin? It just broke 61.8% fib level with almost no resistence." |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 66,561,107 |
| net_rshares | 15,511,170,879 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| machnbirdsparo | 0 | 15,511,170,879 | 30% |
I enjoyed the return. Regarding regulation, I have been saying that governments could impose a tax, or regulation with its own crypto. It would simply attach itself on top of a transaction much the same way Americans pay a tax on some goods while others, like food, incur no tax. It would encourage crypto tax only for items in which a regulator has proven to provide a valuable service.
| author | machnbirdsparo |
|---|---|
| permlink | re-karamyog-re-machnbirdsparo-re-karamyog-re-machnbirdsparo-re-karamyog-what-s-up-with-bitcoin-it-just-broke-61-8-fib-level-with-almost-no-resistence-20180730t212249580z |
| category | bitcoin |
| json_metadata | {"tags":["bitcoin"],"app":"steemit/0.1"} |
| created | 2018-07-30 21:22:48 |
| last_update | 2018-07-30 21:22:48 |
| depth | 5 |
| children | 1 |
| last_payout | 2018-08-06 21:22:48 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 389 |
| author_reputation | 40,531,821,560,157 |
| root_title | "What's up with bitcoin? It just broke 61.8% fib level with almost no resistence." |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 66,561,857 |
| net_rshares | 0 |
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